Yeast Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Type, By Application (Food, Feed and Others), By Form, By Region and Competition, 2020-2030F

Description

The Global Yeast Market, valued at USD 4.90 Billion in 2024, is projected to grow at a CAGR of 8.85% to reach USD 8.15 Billion by 2030. Yeast, a single-celled eukaryotic fungus, is essential in fermentation processes across baking, brewing, and other industries. Market expansion is supported by strong demand from bakery and brewery sectors, rising use in bioethanol production due to sustainable energy initiatives, and growing consumer interest in natural, clean-label ingredients such as nutritional yeast for plant-based diets. Increasing demand for safe and nutritious feed products in animal nutrition further contributes to market growth. However, raw material price volatility and strict food safety regulations impose operational challenges for manufacturers.

Market Overview
Forecast Period	2026-2030
Market Size 2024	USD 4.90 Billion
Market Size 2030	USD 8.15 Billion
CAGR 2025-2030	8.85%
Fastest Growing Segment	Baker's Yeast
Largest Market	Europe

Key Market Drivers

The expansion of the global bakery industry and the sustained demand within the alcoholic beverage sector

Growth in the global bakery sector and steady demand from the alcoholic beverage industry are major drivers of the yeast market. As a core ingredient in bread, pastries, and various baked items, yeast benefits from the large and expanding bakery market. Benchmark International reported in July 2024 that the global bakery products market was valued at USD 536.4 billion in 2023, highlighting its scale. In parallel, the alcoholic beverage sector-particularly craft brewing-continues to create demand for specialized yeast strains. According to the Brewers Association, craft beer retail value in the U.S. rose 3% in 2024 to reach USD 28.9 billion, driven by consumer interest in innovative and premium products. This sustained industry demand is reflected in strong performance from suppliers; Associated British Foods reported an 18% rise in ingredients business sales to GBP 2.2 billion for the period ending September 2023, indicating resilient market fundamentals across baking and fermentation applications.

Key Market Challenges

The volatility of raw material prices

Volatility in raw material prices remains a major constraint for the global yeast market. Production relies heavily on inputs such as sugar and molasses, making yeast manufacturers vulnerable to fluctuations in agricultural commodity prices. Rising input costs directly increase operational expenses and affect profit margins, complicating long-term planning and consistent product pricing. According to the FAO, the Sugar Price Index averaged 145 points in 2023, up 26.7% from 2022, illustrating significant cost pressure on yeast producers. Such financial instability restricts investment in capacity expansions, innovation, and broader market development, while also affecting pricing throughout yeast-dependent industries like baking and brewing.

Key Market Trends

Increasing preference for clean-label yeast ingredients

Consumers are increasingly seeking clean label products with simple, natural ingredients, driving strong interest in yeast as a recognizable, minimally processed component. Yeast serves multiple roles as a natural leavening agent, flavor enhancer, and nutritional ingredient without artificial additives. According to Ingredion's 2023 ATLAS study, 68% of consumers were willing to pay more for products containing only familiar ingredients, underscoring the importance of clean-label trends. This shift is fostering innovation in yeast extract and inactive yeast formulations designed for natural and transparent product profiles.

Key Market Players

Nutreco N.V.
The Kerry Group plc
Associated British Foods plc
Angel yeast Co. Ltd.
Lallemand Inc.
ADM Company
Oriental Yeast Co., Ltd.
Lesaffre Yeast Corp.
Leiber GmbH
Synergy Flavors, Inc.

Report Scope:

In this report, the Global Yeast Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

Yeast Market, By Type:

Baker's Yeast
Bioethanol Yeast
Brewer's Yeast
Wine Yeast
Feed Yeast
Others

Yeast Market, By Application:

Food
Feed
Others

Yeast Market, By Form:

Instant Yeast
Dry Yeast
Fresh Yeast
Genetically Modified Yeast
Others

Yeast Market, By Region:

North America
- United States
- Canada
- Mexico
Europe
- France
- United Kingdom
- Italy
- Germany
- Spain
Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
South America
- Brazil
- Argentina
- Colombia
Middle East & Africa
- South Africa
- Saudi Arabia
- UAE

Competitive Landscape

Company Profiles: Detailed analysis of the major companies presents in the Global Yeast Market.

Available Customizations:

Global Yeast Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

1. Product Overview

1.1. Market Definition
1.2. Scope of the Market
- 1.2.1. Markets Covered
- 1.2.2. Years Considered for Study
- 1.2.3. Key Market Segmentations

2. Research Methodology

2.1. Objective of the Study
2.2. Baseline Methodology
2.3. Key Industry Partners
2.4. Major Association and Secondary Sources
2.5. Forecasting Methodology
2.6. Data Triangulation & Validation
2.7. Assumptions and Limitations

3. Executive Summary

3.1. Overview of the Market
3.2. Overview of Key Market Segmentations
3.3. Overview of Key Market Players
3.4. Overview of Key Regions/Countries
3.5. Overview of Market Drivers, Challenges, Trends

4. Voice of Customer

5. Global Yeast Market Outlook

5.1. Market Size & Forecast
- 5.1.1. By Value
5.2. Market Share & Forecast
- 5.2.1. By Type (Baker's Yeast, Bioethanol Yeast, Brewer's Yeast, Wine Yeast, Feed Yeast, Others)
- 5.2.2. By Application (Food, Feed, Others)
- 5.2.3. By Form (Instant Yeast, Dry Yeast, Fresh Yeast, Genetically Modified Yeast, Others)
- 5.2.4. By Region
- 5.2.5. By Company (2024)
5.3. Market Map

6. North America Yeast Market Outlook

6.1. Market Size & Forecast
- 6.1.1. By Value
6.2. Market Share & Forecast
- 6.2.1. By Type
- 6.2.2. By Application
- 6.2.3. By Form
- 6.2.4. By Country
6.3. North America: Country Analysis
- 6.3.1. United States Yeast Market Outlook
  - 6.3.1.1. Market Size & Forecast
    - 6.3.1.1.1. By Value
  - 6.3.1.2. Market Share & Forecast
    - 6.3.1.2.1. By Type
    - 6.3.1.2.2. By Application
    - 6.3.1.2.3. By Form
- 6.3.2. Canada Yeast Market Outlook
  - 6.3.2.1. Market Size & Forecast
    - 6.3.2.1.1. By Value
  - 6.3.2.2. Market Share & Forecast
    - 6.3.2.2.1. By Type
    - 6.3.2.2.2. By Application
    - 6.3.2.2.3. By Form
- 6.3.3. Mexico Yeast Market Outlook
  - 6.3.3.1. Market Size & Forecast
    - 6.3.3.1.1. By Value
  - 6.3.3.2. Market Share & Forecast
    - 6.3.3.2.1. By Type
    - 6.3.3.2.2. By Application
    - 6.3.3.2.3. By Form

7. Europe Yeast Market Outlook

7.1. Market Size & Forecast
- 7.1.1. By Value
7.2. Market Share & Forecast
- 7.2.1. By Type
- 7.2.2. By Application
- 7.2.3. By Form
- 7.2.4. By Country
7.3. Europe: Country Analysis
- 7.3.1. Germany Yeast Market Outlook
  - 7.3.1.1. Market Size & Forecast
    - 7.3.1.1.1. By Value
  - 7.3.1.2. Market Share & Forecast
    - 7.3.1.2.1. By Type
    - 7.3.1.2.2. By Application
    - 7.3.1.2.3. By Form
- 7.3.2. France Yeast Market Outlook
  - 7.3.2.1. Market Size & Forecast
    - 7.3.2.1.1. By Value
  - 7.3.2.2. Market Share & Forecast
    - 7.3.2.2.1. By Type
    - 7.3.2.2.2. By Application
    - 7.3.2.2.3. By Form
- 7.3.3. United Kingdom Yeast Market Outlook
  - 7.3.3.1. Market Size & Forecast
    - 7.3.3.1.1. By Value
  - 7.3.3.2. Market Share & Forecast
    - 7.3.3.2.1. By Type
    - 7.3.3.2.2. By Application
    - 7.3.3.2.3. By Form
- 7.3.4. Italy Yeast Market Outlook
  - 7.3.4.1. Market Size & Forecast
    - 7.3.4.1.1. By Value
  - 7.3.4.2. Market Share & Forecast
    - 7.3.4.2.1. By Type
    - 7.3.4.2.2. By Application
    - 7.3.4.2.3. By Form
- 7.3.5. Spain Yeast Market Outlook
  - 7.3.5.1. Market Size & Forecast
    - 7.3.5.1.1. By Value
  - 7.3.5.2. Market Share & Forecast
    - 7.3.5.2.1. By Type
    - 7.3.5.2.2. By Application
    - 7.3.5.2.3. By Form

8. Asia Pacific Yeast Market Outlook

8.1. Market Size & Forecast
- 8.1.1. By Value
8.2. Market Share & Forecast
- 8.2.1. By Type
- 8.2.2. By Application
- 8.2.3. By Form
- 8.2.4. By Country
8.3. Asia Pacific: Country Analysis
- 8.3.1. China Yeast Market Outlook
  - 8.3.1.1. Market Size & Forecast
    - 8.3.1.1.1. By Value
  - 8.3.1.2. Market Share & Forecast
    - 8.3.1.2.1. By Type
    - 8.3.1.2.2. By Application
    - 8.3.1.2.3. By Form
- 8.3.2. India Yeast Market Outlook
  - 8.3.2.1. Market Size & Forecast
    - 8.3.2.1.1. By Value
  - 8.3.2.2. Market Share & Forecast
    - 8.3.2.2.1. By Type
    - 8.3.2.2.2. By Application
    - 8.3.2.2.3. By Form
- 8.3.3. Japan Yeast Market Outlook
  - 8.3.3.1. Market Size & Forecast
    - 8.3.3.1.1. By Value
  - 8.3.3.2. Market Share & Forecast
    - 8.3.3.2.1. By Type
    - 8.3.3.2.2. By Application
    - 8.3.3.2.3. By Form
- 8.3.4. South Korea Yeast Market Outlook
  - 8.3.4.1. Market Size & Forecast
    - 8.3.4.1.1. By Value
  - 8.3.4.2. Market Share & Forecast
    - 8.3.4.2.1. By Type
    - 8.3.4.2.2. By Application
    - 8.3.4.2.3. By Form
- 8.3.5. Australia Yeast Market Outlook
  - 8.3.5.1. Market Size & Forecast
    - 8.3.5.1.1. By Value
  - 8.3.5.2. Market Share & Forecast
    - 8.3.5.2.1. By Type
    - 8.3.5.2.2. By Application
    - 8.3.5.2.3. By Form

9. Middle East & Africa Yeast Market Outlook

9.1. Market Size & Forecast
- 9.1.1. By Value
9.2. Market Share & Forecast
- 9.2.1. By Type
- 9.2.2. By Application
- 9.2.3. By Form
- 9.2.4. By Country
9.3. Middle East & Africa: Country Analysis
- 9.3.1. Saudi Arabia Yeast Market Outlook
  - 9.3.1.1. Market Size & Forecast
    - 9.3.1.1.1. By Value
  - 9.3.1.2. Market Share & Forecast
    - 9.3.1.2.1. By Type
    - 9.3.1.2.2. By Application
    - 9.3.1.2.3. By Form
- 9.3.2. UAE Yeast Market Outlook
  - 9.3.2.1. Market Size & Forecast
    - 9.3.2.1.1. By Value
  - 9.3.2.2. Market Share & Forecast
    - 9.3.2.2.1. By Type
    - 9.3.2.2.2. By Application
    - 9.3.2.2.3. By Form
- 9.3.3. South Africa Yeast Market Outlook
  - 9.3.3.1. Market Size & Forecast
    - 9.3.3.1.1. By Value
  - 9.3.3.2. Market Share & Forecast
    - 9.3.3.2.1. By Type
    - 9.3.3.2.2. By Application
    - 9.3.3.2.3. By Form

10. South America Yeast Market Outlook

10.1. Market Size & Forecast
- 10.1.1. By Value
10.2. Market Share & Forecast
- 10.2.1. By Type
- 10.2.2. By Application
- 10.2.3. By Form
- 10.2.4. By Country
10.3. South America: Country Analysis
- 10.3.1. Brazil Yeast Market Outlook
  - 10.3.1.1. Market Size & Forecast
    - 10.3.1.1.1. By Value
  - 10.3.1.2. Market Share & Forecast
    - 10.3.1.2.1. By Type
    - 10.3.1.2.2. By Application
    - 10.3.1.2.3. By Form
- 10.3.2. Colombia Yeast Market Outlook
  - 10.3.2.1. Market Size & Forecast
    - 10.3.2.1.1. By Value
  - 10.3.2.2. Market Share & Forecast
    - 10.3.2.2.1. By Type
    - 10.3.2.2.2. By Application
    - 10.3.2.2.3. By Form
- 10.3.3. Argentina Yeast Market Outlook
  - 10.3.3.1. Market Size & Forecast
    - 10.3.3.1.1. By Value
  - 10.3.3.2. Market Share & Forecast
    - 10.3.3.2.1. By Type
    - 10.3.3.2.2. By Application
    - 10.3.3.2.3. By Form

11. Market Dynamics

11.1. Drivers
11.2. Challenges

12. Market Trends & Developments

12.1. Merger & Acquisition (If Any)
12.2. Product Launches (If Any)
12.3. Recent Developments

13. Global Yeast Market: SWOT Analysis

14. Porter's Five Forces Analysis

14.1. Competition in the Industry
14.2. Potential of New Entrants
14.3. Power of Suppliers
14.4. Power of Customers
14.5. Threat of Substitute Products

15. Competitive Landscape

15.1. Nutreco N.V.
- 15.1.1. Business Overview
- 15.1.2. Products & Services
- 15.1.3. Recent Developments
- 15.1.4. Key Personnel
- 15.1.5. SWOT Analysis
15.2. The Kerry Group plc
15.3. Associated British Foods plc
15.4. Angel yeast Co. Ltd.
15.5. Lallemand Inc.
15.6. ADM Company
15.7. Oriental Yeast Co., Ltd.
15.8. Lesaffre Yeast Corp.
15.9. Leiber GmbH
15.10. Synergy Flavors, Inc.